Managers of Wealth Asia Pacific

New economy equity advisers of 2020: And the winners are …

A virtual ceremony for The Asset Triple A Sustainable Capital Markets Regional Awards 2020 will be held on the 18th of March 2021. We want to hear from you 26 Feb 2021 | The Asset

AMP and Ares Management Corporation announce intention to pursue joint venture partnership for AMP Capital’s private markets businesses

The proposed transaction will mark the conclusion of AMP’s portfolio review.

Standard Chartered PLC – full-year and fourth quarter 2020 results

Overall income in 2021 is expected to be similar to that achieved in 2020

HSBC to hire 5,000 wealth planners as it increases investment, emphasis on Asia’s rich

Bank targeting additional 600 wealth planners in mainland China this year

Global UHNWI population to grow by 27% over the next five years: Knight Frank

The biggest rises in Europe are forecast in Poland (61%) and Sweden (59%).

UOB Profits Hit By Lower Margins, Reduced Activities

During this period, assets under management from high affluent customers grew 6 percent to S$134 billion, of which around 60 percent was from overseas customers, UOB said.

How Covid-19 is reshaping priorities and behaviour among Asia's ultra-wealthy

They place high value on digitalisation, financial guidance, and sustainability.

Growth assets still favoured by Nikko AM

Recent volatility does seem like a one-off—call it a crowdsourced retail rebellion that managed to squeeze hedge funds in a small collection of heavily shorted stocks that sparked forced deleveraging.

CIMB Private Banking is Ranked No. 1 for the Best Private Banking Service Overall in Malaysia

CIMB’s private banking arm tops total of six categories in Euromoney’s Global Private Banking and Wealth Management Survey 2021

Region's private banks post strong performance in 2020 despite pandemic

Siow Li Sen of The Business Times (BT) asks the region's leading private bankers how they turned in strong performances in the face of adversity, and their outlook for 2021.

OCBC Posts Quarterly Decline But Sees Signs of Recovery

The bank's full year 2020 net profit, which at S$3.59 billion was 26 percent lower than 2019's record earnings

HSBC to move top brass out of Canary Wharf in 'pivot to Asia'

The rejig comes just a year after HSBC announced plans to slash around 35,000 jobs over the next three years

Upgrades Everywhere by Gary Dugan

The global economy has far more momentum than previously thought. In the past week, economists have been moving their GDP forecasts up by 1-2%.

Looking forward to the Year of the Ox

Having fallen victim to the SARS outbreak earlier in the decade, the Hong Kong people were quick to react.

Meditation for investment professionals by Holger Mertens, Nikko AM

Most investors agree that markets are not fully efficient and that behavioural finance can explain a part of the markets’ inefficiency.

Citi is considering divesting some foreign consumer units

The company is weighing divesting certain units across retail banking in the Asia-Pacific region, including those in South Korea, Thailand, the Philippines and Australia, according to people familiar with the matter.

CIMB Private Banking takes No. 1 spot in Euromoney survey

Chief executive officer of CIMB Investment Bank Bhd, Jefferi Hashim, said, “We are honoured by the recognition as the industry’s best by our peers.

Credit Suisse looks to expand China onshore presence - CFO

Credit Suisse faced setbacks in its core business outside Asia last year

OCBC Acquires Malaysian Asset Manager

The bank said the acquisition is not expected to have any material impact on the net tangible assets or earnings per share of OCBC Group for the financial year ending 31 December 2021.

China:Cross-border wealth management grows in Greater Bay Area

Among retail customers in the Chinese mainland who do not own Hong Kong wealth management products, 70% expressed interest in purchasing one in the next three years.

Wealth and Asset Management